Fracking: facts and fiction

12:11 PM,
May 19, 2013

Written by

Chris Faulkner

America is in the midst of an energy renaissance that's transforming communities.

Consider Karnes County, Texas. A few years ago, the community was plagued by poverty. Today, it's not uncommon for residents to collect $70 million each month in royalties for allowing energy companies to drill on their land. The wealth has increased the county's tax base almost six-fold in two years. In 2012, more than $15 billion in royalty checks were paid to private landowners by energy companies in Texas alone.

The energy and economic boom in Texas largely is the result of hydraulic fracturing - fracking - ...